Africa Finance Corporation (AFC) has created an independent asset management arm, AFC Capital Partners, with a debut offering - the Infrastructure Climate Resilient Fund (ICRF).
STANLIB has launched a Pan Africa Debt Fund, which will allow investors to tap into the attractive dollar yields, geographic diversification and fast-growing economies presented by the African continent.
Emergence Plaza, the owner of Côte d’Ivoire’s most visited retail complex Cosmos Yopougon, has issued the 8-year notes at a yield of 7.5%.
Prudential has attained a Level 1 Broad-Based Black Economic Empowerment (B-BBEE) rating. This follows its latest Financial Sector Council scorecard audit that was finalised in July 2021, based on its FY2020 financial results.
Barak Fund Management has decided to launch two new funds - the Emerging Markets Term Fund and the Emerging Market High Yield Fund.
Mergence Lesotho has launched two unit trust investment products - the Mergence Lesotho Equity Unit Trust Fund and the Mergence Lesotho CPI + 4% Fund.
Egypt’s local debt assets look well placed to continue attracting yield-seeking investors, against a backdrop of accommodative global liquidity conditions, according to Regis Chatellier, Director EM Strategy at Oxford Economics.
Seedstars Africa Ventures has partnered with LBO France for its $100m fund for African early-stage entrepreneurs, as part of the new African strategy of the French PE firm totaling €6.3bn in commitments.
There were no cross-border Initial Public Offerings (IPOs) on African exchanges in the first half of 2021 (H1 2021) according to new Baker McKenzie analysis, H1 IPO Snapshot: Unfolding Trends for 2021.
27four has launched 27four Women, an accelerator managed by women for women that will focus on accelerating the trajectory for achieving both transformation and gender parity goals in South African asset management.
Absa Group, one of Africa’s largest diversified financial services groups, has partnered with Invest African, a business and investment platform for African markets, to support the development of business and investment on the Continent.
Laurium Capital has launched its first Irish-domiciled UCITS fund, the Laurium Africa USD Bond Fund, on the Prescient Global Funds ICAV platform.
State Street Global Advisors, the asset management arm of State Street Corporation, has launched the SPDR Bloomberg Barclays Emerging Markets USD Bond ETF (EMHC).
Goodwell Investments, an impact investment firm, has launched Goodwell V, a €50m cornerstone feeder fund for a new institutional fund that the company plans to launch in the second half of this year.
